The Hang Seng index in Hong Kong jumped 3.56% in early trade on Wednesday, recovering partially after big losses in the past few days. ( read original story ...)
Hong Kong stocks regain part of US$300 billion destruction with JD.com, Alibaba recovery as China fends off sanction fears
Stocks regain strong footing in early trading as buyers return to pick up JD.com, Alibaba and Chinese tech peers, lifting the benchmark index from a decade low. ( read original story ...)
Mainland support boosts confidence in fighting COVID-19 in Hong Kong
Hong Kong people are full of gratitude for the central authorities' support for the global financial hub to fight COVID-19, especially under the fifth wave of the epidemic when there is a temporary ... ( read original story ...)
Lithium battery startup files for IPO in Hong Kong
Chinese EV battery giant CALB plans to IPO in Hong Kong. After a bad year in 2020, the company has ridden on the success of China’s booming EV sales. ( read original story ...)
‘I am angry’: residents locked down in mainland China blame Hong Kong for sending over Covid-19 infections while taking in much-needed aid
Posts on mainland social media note that while residents in Shenzhen and Dongguan are locked down for testing, Hongkongers are out shopping and hitting the beach They accuse the financial capital of ... ( read original story ...)
Yang Guofu Tempts Investors with Spicy Hotpot IPO in Hong Kong
Leading Sichuan-style hotpot chain Yang Guofu has filed for a Hong Kong IPO, extending a recent series of restaurant ... ( read original story ...)
An Update On The Virtual Asset Regulatory Landscape In Hong Kong.
These publications, listed below, bring about new developments to Hong Kong’s virtual asset (and by extension, financial) industry. We explore these developments in this client alert. HKMA’s ... ( read original story ...)
Chinese cloud service provider seeks dual listing in Hong Kong after New York stock price halves overnight
Kingsoft Cloud said a dual listing in Hong Kong would provide shareholders with ‘greater liquidity and protection’ amid an evolving market environment. ( read original story ...)
Former senior official says Hong Kong government’s ‘many shortcomings’ exposed by coronavirus pandemic
This anti-epidemic battle exposed all kinds of administrative deficiencies, and weakened some people’s confidence in the government,’ says former commerce minister Frederick Ma. ( read original story ...)
Hong Kong Dollar Faces Pressure to Drop as Fed Hike Nears
The Hong Kong dollar is coming under pressure to fall further as its interest-rate gap with the U.S. widens ahead of an expected Federal Reserve rate hike and as the city endures its worst Covid ... ( read original story ...)
Three Of China’s Richest Lose More Than $16 Billion In One Day As Stock Rout Hits Hong Kong-Listed Companies
Tencent cofounder Ma Huateng (also known as Pony Ma) led the dive with a $6.1 billion wealth plunge, followed by Nongfu Spring Chairman Zhong Shanshan’s $5.6 billion and Country Garden Co-chairman ... ( read original story ...)
BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) Short Interest Up 78.6% in February
Limited (OTCMKTS:BHKLY – Get Rating) was the recipient of a significant growth in short interest in February. As of February 28th, there was short interest totalling 5,000 shares, a growth of 78.6% ... ( read original story ...)
Hong Kong, Shanghai shares sink as virus trumps strong data
Share prices tumbled in China on Tuesday, with Hong Kong’s Hang Seng index down nearly 6% and the Shanghai Composite index sinking 5% as virus lockdowns and ... ( read original story ...)
Panic sellers sink Hong Kong indexes
Chinese stocks listed in Hong Kong had their worst day since the global financial crisis, as concerns over Beijing's close relationship with Russia and renewed regulatory risks sparked panic selling. ( read original story ...)